I love the combination of low debt with low payout ratios. The debt situation is one of the most important issues in corporate finance. It also expresses the ability to grow sales and earnings by enlarging the balance sheet with bank loans.
Only a low leveraged corporation has potential to boost sales without taking new investors into the boat that dilute the current earnings per share.
Today I would like to start an article series about low leveraged stocks from several sectors with currently small dividend payouts. I believe it’s good to see what companies have the biggest potential to give shareholders huge amounts of money back in the near future and believe me, the tech sector is not the only place to be.
My criteria are a low dividend payout ratio of less than 20 percent as well as a debt-to-equity ratio under 0.5. Only twelve stocks fulfilled these very tight defined criteria.
One result is a high-yield, and nine stocks are recommended to buy or better. Most of the results come from the medical appliances and supplies or equipment industry.
Top Clean Energy Companies For 2014: TransAtlantic Petroleum Ltd (TAT)
TransAtlantic Petroleum Ltd. is an international oil and gas company engaged in the acquisition, exploration, development and production of crude oil and natural gas. The Company holds interests in developed and undeveloped oil and gas properties in Turkey, Bulgaria and Romania. As of March 1, 2012, it held approximately 5.4 million net onshore acres. As of March 1, 2012, it was producing an aggregate of approximately 2,638 net barrels of oil per day. As of March 1, 2012, it held interests in 57 onshore exploration licenses and nine onshore production leases covering a total of 5.3 million gross acres in Turkey. On February 18, 2011, the Company’s wholly owned subsidiary TransAtlantic Worldwide, Ltd. acquired Direct Petroleum Morocco, Inc. and Anschutz Morocco Corporation and its wholly owned subsidiary TransAtlantic Petroleum Cyprus Limited. On June 7, 2011, TransAtlantic Worldwide acquired Thrace Basin Natural Gas (Turkiye) Corporation. Advisors’ Opinion:
- [By CRWE]
TransAtlantic Petroleum Ltd. (Amex:TAT) reported that the Turkish Competition Authority has approved the Company’s sale of its oilfield services business to Dalea Partners, LP (“Dalea”, an affiliate of N. Malone Mitchell, 3rd, the Company’s Chairman and Chief Executive Officer).
Top Clean Energy Companies For 2014: SBM Offshore NV (SBMO)
SBM Offshore NV is the Netherlands-based company engaged in the offshore energy industry. It is a provider of floating production and mooring systems, in production operations and in terminals and services. The Company’s main activity is the design, supply, installation and operation of floating production, storage and offloading (FPSO) vessels. The Company’s business is divided into two segments: Lease and Operate, providing leasing and operation of oil and gas production facilities, and Turnkey, providing engineering, supply, overhaul and maintenance of Catenary Anchor Leg Mooring (CALM) buoys, swivels, mooring systems, fluid transfer systems and offloading systems. The Company has four main project execution centers located in the Netherlands, Monaco, the United States and Malaysia, and operates a number of subsidiaries. On September 4, 2013, the Company sold its cryogenic hose system technology to Trelleborg Industrial Solutions, the business area of Trelleborg AB. Advisors’ Opinion:
- [By Tom Stoukas]
PSA Peugeot Citroen and Anglo American Plc led carmakers and mining companies lower, respectively, on concern demand from China will weaken. St. James’s Place Plc tumbled the most in 4 1/2 years after Lloyds Banking Group Plc sold 77 million shares in the British wealth manager. SBM Offshore NV (SBMO) jumped to the highest price in 13 months after saying its first-quarter revenue increased 35 percent.
Top Clean Energy Companies For 2014: Jasper Mining Corp (JSP)
Jasper Mining Corporation (Jasper) is an exploration-stage company engaged in the exploration for and development of base and precious metals in Canada. Its properties consist of the Vowell Creek property, the Lydy property, the McFarlane property, the Cascade property, the Faith property, the Isintok property, the Alaric property, the Proximal property, the Erie Creek property, the Irony property and Crawford property. The Vowell Creek property consists of 12,750 hectares located approximately 35 kilometers south of Golden, British Columbia. The Cascade property is located approximately 55 kilometers north of the community of Kaslo, British Columbia and is comprised of approximately 1,545 hectares (3,819 acres), on the west side of the Lardeau River. The Irony property is located north of Revelstoke, British Columbia and southwest of Mica Dam, consisting of 2,375 hectares (5,869 acres). The Company’s properties include lead, zinc, gold and silver. Advisors’ Opinion:
- [By Jessica Summers]
India’s S&P BSE Sensex (SENSEX) extended this week’s drop to 3 percent, the most since five days ended March 24. Jindal Steel & Power Ltd. (JSP) plunged 7.6 percent, leading a gauge of 10 metal companies to its lowest close in more than four years. ICICI Bank Ltd. fell to an 11-month low, pacing losses among its peers. The rupee slid 1.1 percent, capping its biggest weekly drop in almost two years.
Top Clean Energy Companies For 2014: Five Oaks Investment Corp (OAKS)
Five Oaks Investment Corp., incorporated on March 28, 2012, focused on investing in, financing and managing a leveraged portfolio of Agency and Non-Agency residential mortgage-backed securities, or RMBS, residential mortgage loans and other mortgage-related investments. The Company invests in both Agency RMBS and Non-Agency RMBS.
As of December 31, 2012, the Company’s portfolio consisted of Agency RMBS and Non-Agency RMBS. The Company is managed by Oak Circle Capital Partners LLC.
- [By Jon C. Ogg]
Five Oaks Investment Corp. (NYSE: OAKS) was downgraded to Neutral from Outperform at Credit Suisse.
Marathon Oil Corp. (NYSE: MRO) was downgraded to Neutral from Buy at BofA/Merrill Lynch.
Top Clean Energy Companies For 2014: Basic Energy Services Inc. (BAS)
Basic Energy Services, Inc. provides various well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment provides pumping services, such as cementing, acidizing, fracturing, coiled tubing, nitrogen, and pressure testing; rental and fishing tools; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. This segment operates 228 pressure pumping units. It also operates 14 coiled tubing units; 49 air compressor packages; 12 wireline units; and 34 snubbing units. The companys Fluid Services segment offers oilfield fluid supply, transportation, storage, and construction services, which comprise the transportation of fluids and salt water; sale and transportation of fresh and brine water; rental of portable frac tanks and test tanks; operation of company-owned fresh water and brine source wells and non-hazardous wast ewater disposal wells; and preparation, construction, and maintenance of access roads, drilling locations, and production facilities. This segment owns and operates 955 fluid services trucks with a fluid hauling capacity of up to 150 barrels apiece. Its Well Servicing segment provides various services performed with a mobile well servicing rig and ancillary equipment, such as maintenance work, hoisting tools and equipment required by the operation, and plugging and abandonment services, as well as manufactures and sells workover rigs. It operates a fleet of 425 well servicing rigs. The companys Contract Drilling segment employs drilling rigs and related equipment to penetrate the earth to a desired depth and initiate production. This segment owns and operates 12 land drilling rigs. The company was formerly known as Sierra Well Service, Inc. and changed its name to Basic Energy Services, Inc. in 2000. Basic Energy Services, Inc. was founded in 1992 and is based in Fort Wor t h, Texas.
- [By Aaron Levitt]
For investors, the choice is clear — you need to focus globally when it comes to oil stocks. North American-focused oil stocks like C&J Energy (CJES) and Basic Energy Services (BAS) might not be up to snuff in such a highly challenging pricing environment.
- [By Jonathan Morgan]
German stocks declined the most in more than two months as a report showed that Germany’s auto market plummeted last month, while Bayer AG (BAYN) and BASF SE (BAS) fell.
- [By Sara Murphy]
Basic Energy Services (NYSE: BAS ) derived more than a quarter of 2012 revenues from its fluid services unit. Its operations rely heavily on the legacy model of hauling water. Superior Energy Services (NYSE: SPN ) counts on its traditional fluid services offerings for about 20% of revenues.
Top Clean Energy Companies For 2014: Triad Guaranty Inc (TGICQ)
Triad Guaranty Inc., incorporated in 1993, is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation (TGIC), is a nationwide mortgage insurer. During the year ended December 31, 2011, Collateral Mortgage, Ltd. (CHL) owns 16.8% of the common stock of TGI. The Company has historically provided Primary and Modified Pool mortgages guaranty insurance coverage on United States residential mortgage loans.
Primary insurance provides mortgage default protection to lenders on individual loans and covers a percentage of unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure (collectively, the insured amount or claim amount). Primary insurance was written on both flow and structured bulk transactions. Flow transactions consisted of loans originated by lenders that were submitted to the Company on a loan-by-loan basis, whereas structured bulk transactions involved un derwriting and insuring a group of loans with individual coverage for each loan. Insurance on primary policies consists of 80% of the Company’s total insurance in force at December 31, 2011.
Modified Pool insurance was written only on structured bulk transactions. Policies insured as part of a Modified Pool transaction have individual coverage, but an aggregate stop-loss limit applies to the entire group of insured loans. In addition, some of the Modified Pool transactions included deductibles representing a percentage of the total risk originated under which the Company pays no claims until the losses exceed the deductible amount. Modified Pool insurance consists of 20% of the Company’s total insurance in force at December 31, 2011.
- [By Zachary Tracer]
Mortgage insurers PMI and Triad Guaranty Inc. (TGICQ) filed for bankruptcy after housing crashed. Old Republic International Corp. also retreated from the mortgage guaranty business.